Germany H1 2023: sharp increase in certificate sales

Some 10,782 structured products (excluding flow and leverage) were publicly offered in Germany during the first six months of 2023, slightly down from the same semester last year when 11,029 products were on offer. Demand was particularly high for interest-rate hedging [...] and securitizations. Sales of investment certificates and interest-rate products to retail customers also went up sharply - Uwe Fröhlich, DZ Bank The big three German manufacturers – DZ Bank, Deka Group &